Updated almost 9 years ago on . Most recent reply
How nice do I make it?
So I just bought a partially rehabbed townhouse. It was purchased 6 months ago as a flip and I assume the investor ran out of money and decided to list it in its current condition, which is not bad at all. As the property sits, I believe it's very rentable. However, I'm stumped on whether to beautify it a little bit to attract the correct tenants and get the most rent possible. My question is, does it pay off to dump a little bit of money on aesthetics such as laminate floors instead of carpet, new cabinets instead of the original working ones from 1969, SS appliances, closet doors? Also, all the electrical outlets and covers are old and off-white when all the trim is bright white. Everything in the property is functional but the things I've mentioned show some wear. Any advice or tips are welcomed and appreciated. Thanks in advance!